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Foreign Direct Investment in a Process of Economic Integration: The Case of Spanish Manufacturing, 1986-1992

  • Oscar Bajo-Rubio

    (Universidad de Castilla-La Mancha)

  • Carmen López-Pueyo

    (Universidad de Zaragoza)

In this paper we analyze the main characteristic features of foreign direct investment (FDI) directed to Spanish manufacturing, both across industries and through time, for the years 1986- 1992. During this period, Spain was one of the most important recipients of FDI inflows in the world, coinciding with the first years of integration into the European Union and the prospects about the completion of the Single European Market by 1992. To this end, a relative FDI measure is related to several industry indicators, as well as to some macroeconomic variables, which allows us to obtain a general characterization of FDI in Spanish manufacturing over that period.

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Paper provided by Asociación Española de Economía y Finanzas Internacionales in its series Working Papers with number 02-02.

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Length: 28 pages
Date of creation: Feb 2002
Date of revision:
Handle: RePEc:aee:wpaper:0202
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